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Technology Stocks : JMAR Technologies(JMAR) -- Ignore unavailable to you. Want to Upgrade?

To: ejsdad who wrote (5006)	2/9/1998 8:22:00 PM
From: Linda Kaplan	Read Replies (1) \| Respond to of 9695

I came here to post the news. Can anyone figure out why they have done it this way? Why can't they make up their minds? What are they struggling with? A few have said that extending the warrants dilutes the stock. This isn't exactly true, as I see it. Buying the warrants in itself doesn't give money to the company. Converting the warrants to stock gives money to the company for shares -- money the company would have to get elsewhere, probably by some form of dilution. Extending the warrants doesn't do anything to dilute the shares, since conversion doesn't occur on extension. Anyway, I'm a warrant holder and I'm a stockholder too. And I'm angry that they didn't extend the warrants in a reasonable manner.Unless I can understand why they did this in this way, I'm not happy with the way the company supported my warrants and I won't be a stockholder much longer. Linda